NKEL
AXS 2X NKE Bull Daily ETFNKEL Fund Description
NKEL provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Nike stock.
NKEL Factset Analytics Insight
NKEL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Nike stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
NKEL Summary Data
NKEL Portfolio Data
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NKEL Tax Exposures
NKEL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NKEL. NKEL is rated a N/A out of 5.
NKEL Tradability
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.